FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

Nov 18, 2024 FinTech News

Bitfinex Hacker Sentenced to Five Years for Laundering Stolen Cryptocurrency

Ilya Lichtenstein, the hacker behind the infamous 2016 Bitfinex cryptocurrency heist, has been sentenced to five years in prison for…

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Nov 15, 2024 FinTech News

FinCEN Issues Warning to Banks Over Growing Deepfake Threat

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to financial institutions regarding the rising…

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Nov 15, 2024 FinTech News

PayPal Launches Money Pooling Tool for Group Purchases Across Key Markets

PayPal has launched a new money pooling tool, allowing friends and family to easily share expenses for group purchases. Available…

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Nov 14, 2024 FinTech News

Morgan Stanley Invests $20 Million in Embedded Finance Leader NovoPayment

Morgan Stanley Expansion Capital has invested $20 million in NovoPayment, a leading provider of embedded financial and payment infrastructure. NovoPayment…

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Nov 14, 2024 FinTech News

Mastercard to Eliminate Passwords and Manual Card Entry by 2030 with Tokenisation and Biometrics

Mastercard is taking bold steps to revolutionize online payments by aiming to eliminate manual card entry, passwords, and one-time codes…

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Visa has collaborated with Affirm t
Nov 13, 2024 FinTech News

Visa Partners with Affirm to Launch Flexible Payment Card Offering Debit and BNPL Options

Visa has collaborated with Affirm to bring its “flexible credential” technology to the U.S., allowing consumers to toggle between debit…

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Nov 13, 2024 FinTech News

Agicap Secures €45M in Series C Funding, Driving Cash Flow Automation for European SMEs

Agicap, a French treasury management platform, has successfully raised €45 million in a Series C funding round led by AVP.…

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Nov 12, 2024 FinTech News

Ualá Reaches $2.75 Billion Valuation with $300 Million Funding Round

Argentinian fintech Ualá has secured $300 million in a Series E funding round led by Allianz‘s VC arm, raising its…

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Nov 12, 2024 FinTech News

Satispay Raises €60 Million Amidst Continued Growth

Italian mobile payment unicorn Satispay has secured €60 million in funding from existing shareholders Addition, Greyhound, and Lightrock, bringing its…

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Nov 11, 2024 FinTech News

American Express Partners with MX for Secure Data Sharing

American Express has entered into a data-sharing partnership with MX Technologies, utilizing API-powered connections to enable secure access to cardholder…

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